idevelop management consultancy limited

idevelop management consultancy limited Company Information

Share IDEVELOP MANAGEMENT CONSULTANCY LIMITED
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Company Number

11886245

Industry

Other personal service activities n.e.c.

 

Shareholders

nigel desmond crainey

Group Structure

View All

Contact

Registered Address

c/o str84ward accounting limited, lewis building, birmingham, B4 6EQ

Website

-

idevelop management consultancy limited Estimated Valuation

£153k

Pomanda estimates the enterprise value of IDEVELOP MANAGEMENT CONSULTANCY LIMITED at £153k based on a Turnover of £228.9k and 0.67x industry multiple (adjusted for size and gross margin).

idevelop management consultancy limited Estimated Valuation

£514.6k

Pomanda estimates the enterprise value of IDEVELOP MANAGEMENT CONSULTANCY LIMITED at £514.6k based on an EBITDA of £129k and a 3.99x industry multiple (adjusted for size and gross margin).

idevelop management consultancy limited Estimated Valuation

£499.2k

Pomanda estimates the enterprise value of IDEVELOP MANAGEMENT CONSULTANCY LIMITED at £499.2k based on Net Assets of £253.2k and 1.97x industry multiple (adjusted for liquidity).

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Idevelop Management Consultancy Limited Overview

Idevelop Management Consultancy Limited is a live company located in birmingham, B4 6EQ with a Companies House number of 11886245. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2019, it's largest shareholder is nigel desmond crainey with a 100% stake. Idevelop Management Consultancy Limited is a young, micro sized company, Pomanda has estimated its turnover at £228.9k with healthy growth in recent years.

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Idevelop Management Consultancy Limited Health Check

Pomanda's financial health check has awarded Idevelop Management Consultancy Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £228.9k, make it smaller than the average company (£854.1k)

£228.9k - Idevelop Management Consultancy Limited

£854.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (8.4%)

13% - Idevelop Management Consultancy Limited

8.4% - Industry AVG

production

Production

with a gross margin of 39.9%, this company has a comparable cost of product (39.9%)

39.9% - Idevelop Management Consultancy Limited

39.9% - Industry AVG

profitability

Profitability

an operating margin of 55.1% make it more profitable than the average company (6%)

55.1% - Idevelop Management Consultancy Limited

6% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (14)

3 - Idevelop Management Consultancy Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.5k, the company has an equivalent pay structure (£29.5k)

£29.5k - Idevelop Management Consultancy Limited

£29.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £76.3k, this is equally as efficient (£78k)

£76.3k - Idevelop Management Consultancy Limited

£78k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is near the average (27 days)

27 days - Idevelop Management Consultancy Limited

27 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Idevelop Management Consultancy Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Idevelop Management Consultancy Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 443 weeks, this is more cash available to meet short term requirements (55 weeks)

443 weeks - Idevelop Management Consultancy Limited

55 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (38.4%)

10.4% - Idevelop Management Consultancy Limited

38.4% - Industry AVG

IDEVELOP MANAGEMENT CONSULTANCY LIMITED financials

EXPORTms excel logo

Idevelop Management Consultancy Limited's latest turnover from March 2024 is estimated at £228.9 thousand and the company has net assets of £253.2 thousand. According to their latest financial statements, we estimate that Idevelop Management Consultancy Limited has 3 employees and maintains cash reserves of £251.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover228,86769,691237,025157,599123,066
Other Income Or Grants00000
Cost Of Sales137,56541,288142,04396,76273,845
Gross Profit91,30228,40394,98260,83749,221
Admin Expenses-34,73173,542104,497-58,367-74,230
Operating Profit126,033-45,139-9,515119,204123,451
Interest Payable00000
Interest Receivable10,7736,9331,56621590
Pre-Tax Profit136,807-38,206-7,949119,420123,541
Tax-34,20200-22,690-23,473
Profit After Tax102,605-38,206-7,94996,730100,068
Dividends Paid00000
Retained Profit102,605-38,206-7,94996,730100,068
Employee Costs88,38127,58826,55975,64149,260
Number Of Employees31132
EBITDA*129,010-39,983-5,107121,422125,381

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets13,83216,8092,2052,2171,930
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets13,83216,8092,2052,2171,930
Stock & work in progress00000
Trade Debtors17,496031,50018,5360
Group Debtors00000
Misc Debtors0108000
Cash251,363159,046167,197250,410180,147
misc current assets011,39300
total current assets268,859159,155200,090268,946180,147
total assets282,691175,964202,295271,163182,077
Bank overdraft00000
Bank loan00000
Trade Creditors 0002,3740
Group/Directors Accounts3,60525,3209,24718,75617,463
other short term finances00000
hp & lease commitments00000
other current liabilities25,83704,19853,23464,545
total current liabilities29,44225,32013,44574,36482,008
loans00000
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities00000
total liabilities29,44225,32013,44574,36482,008
net assets253,249150,644188,850196,799100,069
total shareholders funds253,249150,644188,850196,799100,069
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit126,033-45,139-9,515119,204123,451
Depreciation2,9775,1564,4082,2181,930
Amortisation00000
Tax-34,20200-22,690-23,473
Stock00000
Debtors17,388-31,39212,96418,5360
Creditors00-2,3742,3740
Accruals and Deferred Income25,837-4,198-49,036-11,31164,545
Deferred Taxes & Provisions00000
Cash flow from operations103,257-12,789-69,48171,259166,453
Investing Activities
capital expenditure0-19,760-4,396-2,505-3,860
Change in Investments00000
cash flow from investments0-19,760-4,396-2,505-3,860
Financing Activities
Bank loans00000
Group/Directors Accounts-21,71516,073-9,5091,29317,463
Other Short Term Loans 00000
Long term loans00000
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue00001
interest10,7736,9331,56621590
cash flow from financing-10,94223,006-7,9431,50817,554
cash and cash equivalents
cash92,317-8,151-83,21370,263180,147
overdraft00000
change in cash92,317-8,151-83,21370,263180,147

idevelop management consultancy limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Idevelop Management Consultancy Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for idevelop management consultancy limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B 4 area or any other competitors across 12 key performance metrics.

idevelop management consultancy limited Ownership

IDEVELOP MANAGEMENT CONSULTANCY LIMITED group structure

Idevelop Management Consultancy Limited has no subsidiary companies.

Ultimate parent company

IDEVELOP MANAGEMENT CONSULTANCY LIMITED

11886245

IDEVELOP MANAGEMENT CONSULTANCY LIMITED Shareholders

nigel desmond crainey 100%

idevelop management consultancy limited directors

Idevelop Management Consultancy Limited currently has 3 directors. The longest serving directors include Mr Nigel Crainey (Mar 2019) and Mr Simon Hayward (Sep 2023).

officercountryagestartendrole
Mr Nigel CraineyEngland56 years Mar 2019- Director
Mr Simon HaywardEngland56 years Sep 2023- Director
Mrs Allison CraineyEngland52 years Sep 2023- Director

P&L

March 2024

turnover

228.9k

+228%

operating profit

126k

0%

gross margin

39.9%

-2.12%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

253.2k

+0.68%

total assets

282.7k

+0.61%

cash

251.4k

+0.58%

net assets

Total assets minus all liabilities

idevelop management consultancy limited company details

company number

11886245

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

March 2019

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

STR8 4WARD ACCOUNTING LIMITED

auditor

-

address

c/o str84ward accounting limited, lewis building, birmingham, B4 6EQ

Bank

-

Legal Advisor

-

idevelop management consultancy limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to idevelop management consultancy limited.

idevelop management consultancy limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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idevelop management consultancy limited Companies House Filings - See Documents

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